Latest Mining News

eMetals Limited has confirmed and extended a significant gold-in-soil anomaly at its Busia Gold Project in Uganda, highlighting promising early exploration results within a highly prospective greenstone belt.

EV Resources has secured $600,000 from the sale of its Khartoum Project, redirecting funds to kickstart a maiden drilling campaign at its Los Lirios Antimony Project in Mexico, aiming to define a JORC resource by Q3 2026.

29Metals has successfully closed its institutional entitlement offer, raising approximately $119 million at a notable discount, with a retail offer set to launch later this month. The capital raise aims to fuel key growth projects across its mining portfolio.

Arrow Minerals maintains a cautious stance as regulatory ambiguity stalls its Guinea projects, while the country’s recent election brings a hopeful backdrop for resolution.

Argent Minerals has announced a significant new high-grade silver discovery at its Kempfield NW Prospect in NSW, extending mineralisation beyond the current resource boundary. The discovery highlights strong potential for resource growth and development at one of Australia’s premier silver-polymetallic projects.

EQ Resources Limited reported record production and processing at its Barruecopardo and Mt Carbine tungsten mines in Q2 FY2026, supported by strong tungsten prices and a successful A$34 million equity raising that strengthened its balance sheet.

Verity Resources reports strong and consistent gold assay results from its Phase 2 drilling at the Monument Gold Project, bolstering confidence in the Korong deposit and underpinning plans to upgrade the resource.

Galileo Mining Ltd has responded to an ASX price and volume query, confirming no undisclosed material information exists to explain recent trading activity. The company attributes the surge to positive market sentiment around its Norseman Project and lithium joint venture with Mineral Resources.

Metallium Limited has raised A$75 million in a strategic capital round led by U.S. institutional investors, accelerating its commercial operations in Texas and setting the stage for a NASDAQ listing later this year.

Breakthrough Minerals has entered a conditional agreement to acquire a major copper-gold project in North Queensland, backed by a successful A$8.15 million capital raise. The acquisition and fresh funding position the company for an aggressive exploration campaign in the Mt Isa region.

Star Minerals has received mining approval for its Tumblegum South Gold Project and commenced grade control drilling, setting the stage for production in early 2026 amid rising gold prices.

Adelong Gold has completed six diamond drillholes at its Comet prospect with assays pending, confirming key geological structures. Drilling has now started at the nearby Yankee-Trojan prospect, signalling ongoing momentum in its Victorian gold exploration.